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Updated about 9 years ago on . Most recent reply
how to get started
Hello im having a hard to getting started in real estate. im not sure where to start in what aspect of REI i should get into. theres so many options and i want to do all but im starting off with limited knowledge of REI. So I'm asking any in south Florida willing to help me with ideas or which path i should focus on.
thanks shai
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Welcome to the vibrant BP community. Your time here will be well spent.
I know the feeling and you are not alone. We have all been there. Below, are links that you can review to help sort it out.
https://www.biggerpockets.com/renewsblog/2015/08/03/fixflip-wholesale-hold-pros-cons/ (pros and cons of 3 niches)
https://www.biggerpockets.com/renewsblog/2015/09/05/pick-real-estate-investment-strategy-you/ (consideration before picking a niche)
And, when you are done you can review the guides to these three niches or only the one you have settled on.
http://www.biggerpockets.com/renewsblog/2013/02/22/buying-rental-property/ (how to buy a rental property)http://www.biggerpockets.com/renewsblog/2014/01/07/flipping-houses/ (step by step guide to flips)
https://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/ (Ultimate beginners guide to wholesaling)
Now that you have made the move, below are some links that will help with the navigation of the site.
- http://www.biggerpockets.com/starthere
- http://www.biggerpockets.com/meet
- Setting up Keyword Alerts
- How to Use @Mentions on BiggerPockets
- https://www.biggerpockets.com/rules
- https://www.biggerpockets.com/invites
https://www.udemy.com/biggerpockets-real-estate-investing-course/ (video with 64 lectures and approx 6hrs of material)
https://www.biggerpockets.com/real-estate-investing (Ultimate beginner's guide to REI)
Before your 1st purchase, please ensure you visit the below link for some tips.
https://www.biggerpockets.com/renewsblog/2014/12/19/real-estate-investing-success-smart-tips/
REI books suggested by BPers
https://www.biggerpockets.com/renewsblog/2015/11/13/7-real-estate-books-beginner-investors/ (7 absolute must read books for beginner REIs)
http://www.biggerpockets.com/renewsblog/2013/04/14/best-real-estate-books/?utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)
Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.
Feast on the Podcasts, #askbp Podcasts, blogs and webinars
Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational, thought provoking ideas relevant to REI.